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7.7: Study Questions

  • Page ID
    10025
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    Study Questions

    1. List the five forces in Porter’s Competitive forces model.
    2. What does it mean for a business to have a competitive advantage?
    3. What are the primary activities and support activities of the value chain?
    4. What has been the overall impact of the Internet on industry profitability? Who has been the true winner?
    5. List two examples of how Amazon.com used Porter’s five forces model to gain a competitive advantage.
    6. Give an example of how the internet impacted Barnes and Noble's online(bn.com) profitability.
    7. List and Compare the different information systems. How are they the same? How are they better?
    8. Give an example of a semi-structured decision and explain what inputs would be necessary to assist in making the decision.
    9. What does a collaborative information system do?
    10. How can IT play a role in competitive advantage, according to the 2008 article by Brynjolfsson and McAfee?

    Exercises

    1. Discuss the idea that an information system by itself can rarely provide a sustainable competitive advantage.
    2. Review the Zoom website. What features of Zoom would contribute to good collaboration? What makes Zoom a better collaboration tool than something like Skype or Google Hangouts?
    3. Think of a semi-structured decision that you make in your daily life and build your own DSS using a spreadsheet to help you make that decision.
    4. Give an example of AI that you see used in your daily life. Describe one way it can be improved or combined with another information system to gain an advantage.

    7.7: Study Questions is shared under a CC BY-NC-SA 3.0 license and was authored, remixed, and/or curated by Ly-Huong T. Pham, Tejal Desai-Naik, Laurie Hammond, & Wael Abdeljabbar.

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